<p>Microsoft has just announced that the company agreed to acquire a highly popular gaming company, Activision Blizzard, for $68.7 billion in their most expensive acquisition so far.</p>
<p><img class="alignnone size-full wp-image-4493" src="https://www.wincert.net/wp-content/uploads/2022/01/Microsoft-acquires-Activision.jpg" alt="" width="1171" height="660" /></p>
<p>Image source: Xbox.com</p>
<p>In a blog post on <a href="https://news.xbox.com/en-us/2022/01/18/welcoming-activision-blizzard-to-microsoft-gaming/" target="_blank" rel="noopener">xbox.com</a> CEO of Microsoft Gaming Phil Spencer shocked the world by saying that a gaming company Activision Blizzard who created the Call of Duty, Warcraft, Overwatch, and Diablo franchise will join the XBOX team.</p>
<p>Spencer explained how gaming is the most vibrant and dynamic form of entertainment worldwide which powers social connection and friendship.</p>
<p>This deal will have a major impact on the gaming industry as Microsoft will now become the world&#8217;s third-largest gaming company by revenue, after Sony and Tencent.</p>
<p>With this deal closed, Microsoft will gain control of some of the best modern gaming franchises including Diablo, Warcraft, Call of Duty, and Starcraft. This deal will also acquire a mobile developer King that developed the famous Candy Crush saga.</p>
<p>This deal came just in time when Activision Blizzard was going through hard times brought by an alleged culture of misogyny and harassment.</p>
<p>Microsoft has stated that they will start adding Activision Blizzard titles to the Xbox Game pass soon which will surely bring many new customers to the Xbox subscription service.</p>